T-Mobile US, Inc. Q4 Income Advances, Beats Estimates

(RTTNews) - T-Mobile US, Inc. (TMUS) released a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $2.981 billion, or $2.57 per share. This compares with $2.014 billion, or $1.67 per share, last year.

Analysts on average had expected the company to earn $2.28 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 6.8% to $21.872 billion from $20.478 billion last year.

T-Mobile US, Inc. earnings at a glance (GAAP) :

-Earnings: $2.981 Bln. vs. $2.014 Bln. last year. -EPS: $2.57 vs. $1.67 last year. -Revenue: $21.872 Bln vs. $20.478 Bln last year.

Looking ahead, for the full year, the company expects capital expenditure of around $9.500 billion.

TMUS was up by 6.61 percent at $235.76 in the pre-market trade on the Nasdaq.